VI. Institution
6.3 Administration
Article 190 - Administration
Financial Administration is the competent management of the financial affairs of a Religion or Cult, including its property, goods, disclosure and reporting.
All Religions and Cults are expected to be competent, forthright and transparent in the management of their financial affairs, including the provision of full disclosure and reporting as prescribed by each competent civil authority in each region in which they operate.
Leaders and ministers of Religions and Cults are expressly forbidden to use the financial resources of the Religion or Cult for personal extravagant use including lavish residences, personal property and lifestyle. Any leader or minister who demonstrates a lack of humility, frugality, restraint and simplicity in the use of financial resources must be immediately stripped of any authority with the immediate return of such property.
Officers of Religions and Cults that are appointed as Trustees, Executors or Administrators are obliged by their duties to conduct themselves with the highest integrity and competence. The failure to perform fiduciary duties is no excuse for any official of a Religion or Cult unable to demonstrate competent care and administration of the resources of a trust.